BitCoinGuide

february 7 Bitcoin Bybit chart analysis

Long
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
Today's analysis is really difficult because it is only conducted one way.

This week's weekly chart, before and after MACD dead cross imprint
The difficulty level is increasing.
It is a position with many branching points and many variables.


What I left before today’s analysis
The light blue finger at the top is $43,106.5 at the best short spot.
Adjustments are taking place.

I will connect and leave an analysis.


*Red finger movement path

One-way long position strategy

1. $42856 long position entry zone / stop loss when breaking out of the green support line
2. $43413.5 long position primary target -> Top section secondary target

Unlike yesterday, it is a place where it can flow downward.
If the green support line breaks away, the central line candle on the 12-hour chart will fall below, so long positions must be careful.

Conversely, in the case of tether dominance
Because the 2nd, 3rd, and 4th Golden Cross are in progress.
Today's strategy will be successful only if there is an unconditional vertical decline.
Orange resistance line and green support line in section 2 at the top.
The convergence zone is a sideways market.

When leaving the current position, in the green support line section
Yesterday, there was a support line near the long entry point of $42,731.
I worried a lot about missing the entry point.
If you are pushed back, section 1 at the bottom may be pushed back to the center line for about 6 hours.
The bottom spot is the major rebound section.

The probability of success today is very low
I will die along with those who went long yesterday.

Please keep in mind that my analysis up to this point is merely for reference.

I hope you operate safely with principled trading and stop loss required.


thank you
Trade closed: target reached:
Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on February 7th.


This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.
Red finger 17571.1 after long entry
Breaking through the orange resistance line -> Reached the top section.

Breaking through the previous high point
There was a strong rise for the first time in a while.

The additional rising section is marked as Good -> Great.


Bitcoin 30-minute chart.
Major sections are marked with black fingers.

After entering the red finger $42856 long position
Orange, Red $43413.5, Top, Good -> Great section
It broke through all the resistance lines indicated in order.

It was a difficult position, but it was refreshingly perfect.
Profit processing completed.
A double perfect came out with Nasdaq.
I was lucky this time too.

It rose strongly upward, and as I explained last time,
You probably know why I didn’t switch short positions separately, right?
The weekly chart MACD deadcross has become ambiguous.

Hey, I don't know either.
I will follow the trend until the end.
From the current location, the next target is Destiny 45187.5 at the top.
Please refer to it.

It's Lunar New Year after today, and I hope everyone has a good start.

Fighting Ripple too


thank you
Trade active:

It's late.
Bitcoin 30-minute real-time chart.
It touches the great section and is moving sideways.
We will upload the analysis right away.


thank you

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